Authoritative Release: "One Belt And One Road" Trade And Investment Index Released In Beijing

In May 7th, the "one area" trade and investment index (BRTII) (hereinafter referred to as BRTII) was jointly issued by the China International Economic Exchange Center, University of International Business and Economics, Lu Fu te, the National Development Bank Research Institute and many other well-known institutions at home and abroad. It was released in Beijing.

BRTII is divided into two major index framework, namely, trade index and investment index. Based on the data of Lu Fu te data and WDI, UNCTAD, ICRG and many other databases, 41 sample countries in 2012-2017 years are analyzed and calculated from the overall, regional, national and industrial levels, and from the four dimensions of scale, facilitation, risk and potential, the trade of the "one belt and one road" country is established. Comprehensive assessment and quantitative analysis of investment development and future trends.

The results show that the trade between the "one belt and one way" country has expanded continuously, and investment cooperation has been deepened. The "one belt and one way" trade index has been increasing year by year, and it is proposed to effectively enhance the overall trade level among the countries concerned, and gradually release the import and export trade's role in promoting the economic development of all countries. Intermediate goods trade has become the main form of "one belt and one way" regional trade, and the growth rate of capital goods trade is accelerating. Electrical machinery and equipment and energy commodities become the main trade area of "one belt and one road". At the same time, the scale of the "one belt and one way" state's foreign capital flows is increasing continuously in the global capital flows. The "one belt and one way" has become the most important foreign capital inflow area in the world, and the future "one belt and one road" will create huge investment and capital demand. China will become a new driving force for the sustained economic growth of the countries along the belt and road.

From a regional perspective, the "one belt and one way" initiative has fully stimulated the resource advantages, location advantages, industrial advantages and synergistic advantages of different regions in Southeast Asia, Western Asia, Central Asia and central and Eastern Europe, and the intra regional trade links have become increasingly close. At the same time, compared with the European Union and the North American Free Trade Area, the "one belt and one way" internal trade has increased significantly in the total global trade, and has become an important trade block in the world.

Chen Wenling, chief economist of China International Economic Exchange Center, believes that by promoting the level of trade and investment facilitation of "one belt and one road", reducing the comprehensive cost of interconnection between hardware and software, and transaction costs and business costs, it will greatly enhance the breadth and depth of economic globalization.

Professor Hong Junjie, director of Economics Department of University of International Business and Economics and Dean of the school of international trade and economic studies, said: "the compilation of the trade investment index is a panoramic characterization of the trade and investment status of the countries along the belt." It can be predicted that the construction of the "one belt and one way" country will continue to become a new bright spot in the future global economic and trade growth.

Chen Fang, managing director of lucrt China, said that as one of the world's largest providers of data and architecture in the financial market, he hopes to continue to work closely with relevant institutions in the future to help investors find profitable, affordable and sustainable investment projects along the way.

The report believes that the current global growth and trade and investment patterns are undergoing major and profound adjustments. Countries are in the critical stage of economic recovery and structural transformation and upgrading. They hope to find new economic growth points and further stimulate their vitality and potential for cooperation. The "one belt and one way" initiative, as a new mode of international cooperation, is conducive not only to trade and investment, but also to regional and global interconnection, and to inject new forces and development momentum into the development of globalization. BRTII research predicts that the future "one belt and one way" is expected to become one of the new global trade and investment growth centers. But it also needs to strengthen international cooperation in promoting trade and investment facilitation, making up for the lack of infrastructure investment, enhancing value chain cooperation, and reducing regional imbalance.